Solar PV in Africa: Costs and Markets

Africa has abundant renewable energy resources. Traditionally reliant on hydropower, the continent is increasingly turning to solar photovoltaics (PV) to bolster energy security and support rapid economic growth in a sustainable manner. Solar PV module prices have fallen by 80% since the end of 2009, and PV increasingly offers an economic solution for new electricity generation and for meeting energy service demands, both on- and off-grid.